Readers Should Be Able to Follow the Structure of Your

question 3

Multiple Choice

Readers should be able to follow the structure of your document and pick up the key points of your message from the ________.

• A) previews
• B) subheadings
• C) reviews
• D) headings and subheadings

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Definitions:

Relatively Inelastic

Describes a situation where the demand for a good or service changes by a smaller percentage than changes in its price.

Deadweight Loss

A situation where inefficiency in the market leads to a loss of total social welfare, typified by a gap between the supply and demand curves.

Relatively Elastic

Describes a situation where the demand or supply for a good or service significantly changes in response to changes in price.

Elastic Supply

A situation in which the supply of a good or service changes significantly in response to changes in price.